A report released today by RBC Capital about Bottomline Tech (NASDAQ:EPAY) bumps the target price to $26.00
- Updated: September 29, 2016
Just yesterday Bottomline Tech (NASDAQ:EPAY) traded -0.56% lower at $23.29. Bottomline Tech’s 50-day moving average is $22.31 and its 200-day moving average is $24.55. With the last stock price close down -5.12% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trading volume was down over the average, with 309,595 shares of EPAY changing hands under the typical 422,130
RBC Capital bumped up the stock price target of Bottomline Tech (NASDAQ:EPAY) to $26.00 indicating a possible upside of 0.12%.
Previously on 8/26/2016, Canaccord Genuity released a statement about Bottomline Tech (NASDAQ:EPAY) reduced the target price from $28.00 to $25.00. At the time, this indicated a possible upside of 0.07%.
Recent Performance Chart
With a market capitalization of $0, Bottomline Tech has with a 52 week low of $18.48 and a 52 week high of $31.58 .
A total of 4 analysts have released a report on Bottomline Tech. 1 brokerage rating the stock a strong buy, 1 firm rating the stock a buy, 6 brokers rating the company a hold, zero brokerages rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $28.00.
General Information About Bottomline Tech (NASDAQ:EPAY)
Bottomline Technologies (de), Inc. is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company helps businesses pay and get paid. It offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer's location. It operates through four segments: Payments and Transactional Documents, Hosted Solutions, Digital Banking and Other. The Payments and Transactional Documents segment is a supplier of software products that provide a range of financial business process management solutions, including making and collecting payments and generating and storing business documents. The Hosted Solutions segment provides customers with SaaS technology offerings. The Digital Banking segment provides solutions to banking and financial institution customers. The Other segment consists of its healthcare and cyber fraud and risk management operating segments.
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